CENTRE EMILE BERNHEIM DE RECHERCHE INTERDISCIPLINAIRE EN GESTION
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latest news

SEMINARS
PRESS
AWARDS
PUBLICATIONS
 

SEMINARS

LatEST BBS* @CEBRIG

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February 25, 2021
by Kevin Pineda-Hernandez
"
Collective Bargaining, Poverty and Welfare State Among Developed Countries: A Reassessment"
Discussant: Céline Piton
​On Microsoft Teams
​
More information

latest rsaem* @cebrig

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​March 18, 2021
by Anne Boring (Erasmus School of Economics, Rotterdam)
"Improving Student Evaluations of Teaching"
On Microsoft Teams
More information
*If you wish to participate to any of those events, you can contact brune.goguillon@ulb.be
 

PRESS

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MAREK HUDON
ALICIA DIPIERRI

LA LIBRE

"Un regard décalé sur des modèles économiques alternatifs sérieux"

BX1

"Autrement : initier les jeunes à l’économie circulaire grâce au théâtre et à la vidéo"

ANASTASIA COZARENCO
ARIANE SZAFARZ

the conversation

"Microcrédit : même bien intentionnée, la réglementation peut éloigner des objectifs sociaux"
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SANDRA ROTHENBERGER

LE VIF WEEKEND

"Balance tes pores: la génération Z ne veut plus des artifices et du make-up"​
More information
 

PUBLICATIONS

latest PUBLISHED WORKING PAPERS

WP-CEB: N°21-001

SIMON CORNEE, Marc jegers &
​Ariane Szafarz

"Feasible Institutions of Social Finance: A Taxonomy"

WP-CEB: N°20-013

JEAN LUC DEMEULEMEESTER

"De quelques préconditions à la liberté académique"
More information

OUR ACTIVITY REPORTS

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BOOKS

UCB
The First Ninety Years 1928-2018
​

by Kenneth Bertrams
Editions Lannoo
2019
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​L'économie sociale et solidaire:
​de ses fondements à son "à venir
"


by Pascal Glémain
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Editions Apogée
​
2019
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Is Corruption Curable ?

by Khalid Sekkat

Palgrave Macmillan
​2018 
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More Information
 

AWARDs

2019 WARREN SAMUELS PRIZE

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Anastasia Cozarenco
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Valentina Hartarska
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Ariane Szafarz
CEB and CERMi are proud to announce that the 2019 Warren Samuels Prize was awarded to the article “Too Many Cooks Spoil the Broth: The Conflicting Impacts of Subsidies and Deposits on the Cost-Efficiency of Microfinance Institutions” authored by Anastasia Cozarenco (Montpellier Business School, France, and CERMi), Valentina Hartarska (Auburn University, USA) and Ariane Szafarz (ULB, SBS-EM, Centre Emile Bernheim, and CERMi, Belgium).
​

The Warren Samuels Prize is awarded by the Association for Social Economics (ASE) to a paper, presented at the Allied Social Science Associations (ASSA) Meetings, that best exemplifies scholarly work that is of high quality, is important to the project of social economics, and has broad appeal across disciplines.
​

The rewarded article evaluates how subsidies affect the cost-efficiency of microfinance institutions (MFIs) while accounting for endogenous self-selection into the business models of credit-only versus credit-plus-deposit MFIs. The findings suggest that unsubsidized credit-plus-deposit MFIs have achieved optimal capacity and therefore constitute the most cost-efficient group of institutions. In addition, the unsubsidized credit-only MFIs are the farthest away from their minimum cost. Between the two polar cases, there are subsidized institutions, among which the credit-only ones are closer to optimal capacity. The results reveal the redundancy between subsidization and deposit-taking in microfinance. Combining funds from donors and depositors tends to harm cost-efficiency.
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CERMi website

Last update
16.02.21
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© 2020 CEBRIG
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  • ABOUT
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